PAA 0.00% 17.0¢ pharmaust limited

We are back to the old world of "no promotion because it will...

  1. 2,698 Posts.
    lightbulb Created with Sketch. 1480
    We are back to the old world of "no promotion because it will impede the science". I thought we had moved beyond this to recognising and expecting both go hand in hand. It's an excuse.

    Case in point - the phase 1 trial largely progressed on time, and delivered good scientific outcomes. YET, at this same time MT was at the height of promotion and funnily enough so was our SP. So for those saying, don't promote because the distraction from progress....sorry but that's a cop out.

    And this doesn't mean ASX announcements. It means active media engagement, it was candid Q&A's with shareholders, it meant publicly explaining context, it meant sharing the vision for the company....these do not take the form of ASX announcements.

    We are now fully funded, fully staffed, with a clear path to an outcome. Yes in the end the outcome is all that matters, but a reasonable expectation is that progress includes SP progress.

    This apathetic shrug of the shoulders is not in line with the professional company we aspire to be.

    The upcoming AGM seems to be largely about rewards for the leadership team, so now it's time for results, and that includes SP commensurate with progress.

 
watchlist Created with Sketch. Add PAA (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.000(0.00%)
Mkt cap ! $82.69M
Open High Low Value Volume
17.0¢ 17.0¢ 16.3¢ $108.2K 647.7K

Buyers (Bids)

No. Vol. Price($)
2 109170 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 117939 4
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
PAA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.